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NEW YORK, June 16, 2019 (GLOBE NEWSWIRE) – International law firm Rosen Law Firm is reminding purchasers of the shares of Whitestone REIT (NYSE: WSR) from May 9, 2018 to February 27, 2019 (inclusive). "Relevant Period") of the significant deadline set by the Lead Applicant on June 17, 2019 in the securities clbad action. The lawsuit seeks damages for Whitestone investors under federal securities laws.
To join the Whitestone Clbad Action, visit http://www.rosenlegal.com/cases-register-1593.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or by e-mail at [email protected] or at [email protected] for clbad action information.
NO CATEGORY HAS BEEN CERTIFIED IN THE ACTION ABOVE. UNTIL A CATEGORY IS CERTIFIED, YOU ARE NOT REPRESENTED BY AN ADVICE UNLESS YOU KEEP IT. YOU CAN KEEP A CONSIDERATION OF YOUR CHOICE. YOU MAY ALSO REMAIN A MEMBER OF THE ABSENT CLASS AND DO NOTHING AT THIS POINT. THE CAPACITY OF AN INVESTOR TO PARTICIPATE IN ANY POTENTIAL RECOVERY WILL NOT BE DEPENDENT ON THE FUNCTIONING OF A PLAINTIFF.
According to the lawsuit, the defendants during the clbad action period made false and / or misleading statements and / or failed to disclose that: (1) Whitestone did not have effective internal controls in place in respect of financial information; (2) Whitestone improperly recorded badets and liabilities related to its contribution to Pillarstone Capital REIT Operating Partnership LP; (3) Whitestone's financial statements for fiscal year 2018 overestimated revenues; (4) Whitestone's financial statements for fiscal year 2018 could no longer be relied upon; and (5) of the foregoing, Whitestone's financial statements were materially false and misleading at all material times. When the real details entered the market, the lawsuit claims that the investors have suffered damages.
A clbad action has already been filed. If you wish to serve as principal applicant, you must apply to the Court no later than June 17, 2019. A principal applicant is a representative party who acts on behalf of other members of the group in the direction of the principal applicant. dispute. If you would like to join the litigation, go to http://www.rosenlegal.com/cases-register-1593.html or to discuss your rights or interests in this clbad action, please contact Phillip Kim, Esq. Rosen Law Firm at the toll free number 866-767-3653 or by email at the address [email protected] or at the [email protected].
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Rosen's law firm represents investors from around the world and focuses on clbad actions in securities and shareholder disputes. The Rosen Law Firm Group has been ranked first by ISS Securities Action in shares for the number of settlements of this group in 2017. The firm has been ranked in the top 3 every year since 2013. The law firm Rosen Law Firm has secured hundreds of millions of dollars for investors. Public Prosecutor. Previous results do not guarantee a similar result.
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Contact information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The law firm Rosen, P.A.
275 Madison Avenue, 34th Ground
New York, NY 10016
Tel .: (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
[email protected]
[email protected]
[email protected]
www.rosenlegal.com
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